September 12, 2026

Section 45U – Banking Regulation Act: Power of High Court to Make Rules

Banking Regulation Act, 1949 — back to Table of Contents

Section 45U. Power of High Court to make rules

The High Court may make rules, consistent with this Act and the rules made under section 52, prescribing:

(a) the manner in which inquiries and proceedings under Part III or Part IIIA may be held;

(b) the offences that may be tried summarily;

(c) the authority to which, and the conditions on which, appeals may be preferred, and the manner in which such appeals are filed and heard;

(d) any other matter for which provision is needed to enable the High Court to effectively exercise its functions under this Act.

Note: Part IIIA was inserted by the Banking Companies (Amendment) Act, 1953.